4/9 What is "itemizing"? thanks.
\_ Google for "itemizing"; the first few hits have good explanations.
\_ If you're referring to taxes, it means "itemizing" your deductions,
instead of taking the standard deduction. Do it if your deductions
are bigger than the standard deduction, but you'll need your
receipts.
\_ Anyone earning over 50k or so will benefit from itemizing just
due to CA's high income tax rates. And most of your vehicle
reg is also an item, though those are low for the moment.
\_ I make 49.2 and itemizing doesn't do diddly. You need to own
a house or run your home office as a business or some such.
\_ to review, "50k or so" > 49.2. I don't have a house or
a business, been itemizing since 1997. |